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. we'll see. >> thank you for being here, steve. thank you. hand out a pin to everyone you know. join us tomorrow. "squawk on the street" begins right now. >> markets waking up to the first full day of business after yesterday's holiday and the news flows back in full swing. good morning. welcome to "squawk on the street." i'm carl quintanilla along with melissa lee, jim cramer, david faber live at the new york stock exchange. futures in the red on cautious commentary from some retailers. management shake-up at microsoft and weak german business sentiment and this prolonged spat between the eu and imf over how to reduce greek debt. a beat and raise for the quarter for home depot. >> the man in charge of whippedos eat leaves microsoft just weeks after the product launches. >> jcpenney hits new lows. investors have to recognize that jcp is really two companies. we'll hear what he told becky, andrew and joe. >> lockup of all facebook shares tomorrow. >> first up, shares of home depot rising in free market pchlt home improvement retailer earned 75% a share in the quarter. that beat estima
credit for server business. otellini a long line of good professionals. as steve jobs said you can't deal with them. they're too slow. they're too big. and you rather deal with someone in a quick fashion like samsung. >> a company in 45-year history proved itself adept at reinventing itself when it needs to. >> i wouldn't sell stock on this. intel is cheap. i would not sell the stock on this. >> still has exact problems it had before and the fact that he's going to stay on for some time for there to be a transition to be well in place seems to be a good sign. contrast trading of intel, it's not a bad print but contrast it to the way the rest of the group is trading. we've seen very sharp gains in the likes of the texas semi. arms holding hit a 52-week high and philadelphia semiconductor business is higher by 1.5%. intel is a lagger. >> intel will consider external candidates as well. doesn't mean they will not promote from within. this is a company that's typically promoting. >> always promoting from within from its founding. >> interesting to note in the press release they are going to c
? the answer is different groups will be affected very differently. steve liesman has more on the numbers. >> what we do know is if we go over the cliff, no change in what is mandated by those rules. everybody will pay more. we've divided up the country into quintiles, one-fifth, one-fifth, one-fifth. here's what happens with the cliff. for the lowest they go up by 3.7%, second 4.1%. if you're in the middle, where most people are, up 3.8% all the way to the top, 5.8%. what about the top 1%? their numbers go up by 7.2%. here's a way to think about it. this is what thelma and louise would pay extra if they went over the cliff. here's what mr. thurston howell would pay if they went over the cliff. let's take a look at the actual dollar values beyond percentage points. we know we have health care law taking effect and that will only affect the top fifth. here's your dollar values for the income bracket ets is. add on the amt, when they expire, get rid of the bush tax cuts. for the wealthy, a big chunk. it goes down to the second quintile. we get rid of some payroll tax cuts. down the line f y
advice. call or visit us online. we're ready to help. >>> steve jobs stood for thermal nuclear war to protect its company. but as apple settles, is it a new stance under tim cook? tony joins us to talk about it. >> good morning. >> are we getting less lit ijous and what does that mean? >> tim cook said he would favor to settle rather than battle in courts going forward assuming they could find conditions for settlement that were appropriate. it's important to remember that htc is a relatively small player in the larger smartphone market and accordingly in the patent wars. i think what we saw here were apple saying we got to concentrate where our firepower is going to be. htc is offering a settlement that seems reasonable and it doesn't make sense for us to continue to divert our energies in doing so. i think that's why we have the settlement with htc. >> this just allows them more energy with which to step on the gas when it comes to samsung? >> well, i think you could certainly view it that way. i also think you could view it as when conditions are in place that apple feels are ac
. >> the president pulling a steve jobs. one more thing. a room full of congressional leaders and cabinet members, you know, one question is going to be the degree to which the president is involved and that moment was choreographed to some degree, right, that pat on the back and that happy birthday. >> those are two key figures. president obama and john boehner almost got a deal in 2011. that's a place to pick up the discussions and i think you saw the president econfident there just winning the election there and house republicans back in the majority in the house and that's the dance to the finish line and i think they will. >> politico talked about whether or not the white house has learned its lesson in going into a room, a bunker, with the speaker, since it didn't work out the way they wanted last time around. do you think the president will be as involved or can he hand this off to someone else to negotiate? >> i think he'll be as involved. i think he'll be involved inside the room and outside of the room. the strategic turn the president made in fall of 2011 after the failure of the talks
Search Results 0 to 4 of about 5

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